Power Grid Q1FY26: Power Transmission company reports a fall of 2.5% in Net Profit
State-run Power Grid reports Rs 3,631 crore net profit in Q1 FY26, down 2.5% YoY. Revenue rises 2% while operating margins contract by 560 bps.
State-owned Power Transmission company, Power Grid has announced the quarterly financial results for June-end quarter where the company has reported a consolidated net profit of Rs 3,631 crore in the first quarter of FY26 which however marks a marginal decline of 2.5% from Rs 3,724 crore in the corresponding period of previous year.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
The Revenue from Operations rose around 2% in April to June period to Rs 11,196 crore from Rs 11,006 crore in the last year period. Despite strong revenue growth the company has delivered a little bit of disappointing performance in terms of EBITDA, commonly known as operating profit which stood at Rs 9,147 crore with a decline of nearly 5%.
Meanwhile, the operating profit margin is contracted by 81.69% from 87.24%, a shrink of around 560 basis points from the corresponding period of last year.
Shares of Power Grid are closed at Rs 290.00, down by 1.06%.
Read Also : Servotech Announces Strong Q1 FY26 Results, Profit Jumps 59%